GUH Holdings to invest RM89.6mil in China plant

Positive outlook: H’ng with a multi-layered PCB. He is optimistic that the group’s performance will improve between 5% and 10% this year.

GEORGE TOWN: Riding on the growth prospects of the global printed-circuit board (PCB) business, GUH Holdings Bhd will spend US$22mil (RM89.63mil) for its new plant in Jiangsu province, China, which is scheduled for completion in 2020.

“In Jiangsu, we can supply to the multinational corporations (MNCs) and the local electronic manufacturing companies supplying to the domestic and global markets,” managing director Datuk Seri Kenneth H’ng told StarBiz.